Acumatica Tax Management streamlines and automates the tasks involved with configuring, collecting, managing, and reporting tax.
Tax Management integrates with the rest of the Acumatica Financial Management suite, enabling you to centralize your tax information and easily generate the tax filing reports that are required of your business.
- Configure Taxes the Way You Want
- Support sales, use, withholding, VAT, and reverse VAT taxes. Specify multiple rates with different start and end date, and minimum and maximum tax amounts. Calculate on each line item or the entire document amount.
- Integrate with Financial Modules
- Calculate taxes automatically based on the tax zone assigned to the customer, employee, or vendor record, and the tax category assigned to inventory items. Make manual tax adjustments. Tax is posted to a GL tax liability account and to designated accounts within the software. The Tax Management module is integrated with all Acumatica modules that require tax calculation.
- Offset Automatically with Accounts Payable
- Specify the frequency of tax reporting and generate tax reports. Automatically generate a bill in accounts payable with appropriate ledger postings.
Flexible Tax Reporting
Tax Transactions Drill Down
Integration with Sales Tax Rate and Compliance Automation
Direct Tax Adjustments
Contact us for more information on how Acumatica Tax Management can work for your company!